I thought this was a flag and would retrace to the open. Not sure what the heck I was thinking... I figured my risk to reward would be 2:1 with a 5 cent stop goal of 6.65 or better?
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2014-11-24 11:54:48 | VLCCF | buy | $6.540 | long |
2014-11-24 13:20:46 | VLCCF | sell | $6.486 | 0 |
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Yeah your stop would be 6.61/62 for a possible break under 6.